Tag: loyalty and care

  • FDIC Files Record Number of Lawsuits in 2012 – 2015 UPDATE

    UPDATE 2: We in fact did see a significant decrease in O&D lawsuits in the past few years:   [pullquote]“The FDIC will not bring civil suits against directors and officers who fulfill their responsibilities, including the duties of loyalty and care, and who make reasonable business judgments on a fully informed basis and after proper…